CMP: 29

Simran Farms Ltd. breeds poultry and produces and markets eggs.

Simran Farms is a 11 Crore penny cap stock trading at a P/E of less than 4 with dividend yields of well over 3% in the last 12 months. It runs at pretty close to Zero debt and has cash of little less than a Crore. Revenues have risen from 28 Crores to 230 Crores in the last 5 years. Profits have risen from 49 Lakhs to nearly 4 Crores and fell back to 68 Lakhs in the last 5 years. Last 3 quarter results have bounced back strongly after 2011. Keep exposure minimal and hold for long term.